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Ann Fudge, a non-executive director of consumer goods company Unilever has purchased 1,350 American depository receipts, each of which represents one ordinary share. The shares were bought at 2,843.50p each for £38,387 in total. At the end of last month the Anglo-Dutch group admitted that grwoth
Read moreAlent: Credit Suisse initiates with a target price of 430p and an outperform rating. Amlin: Morgan Stanley ups target price from 428p to 469p, while maintaining an overweight rating. Anite: Espirito Santo cuts target price from 180p to 165p retaining a buy recommendation. Ashtead Group: UBS takes
Read moreThe FTSE 100 rallied in afternoon trade after some better-than-expected economic data from the States, pushing the index to new five-and-a-half-year highs. A strong surge so far this month has now lifted London's equity benchmark to within touching distance of the 2007 high of 6,751. The Footsie ha
Read moreBanks were making a strong rise after UBS lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operating environment is beginning to improve. In a research report titled 'Post-crisis banking', UBS said that the tone of its Global FID conference earlier
Read moreUBS has lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operating environment is beginning to improve. "Post our global financials conference, our global equity strategy team has upgraded global financials [...] on the basis that the global econom
Read moreAfter a subdued start, the FTSE 100 pushed into positive territory ahead of the opening bell in New York with financials leading the rise after a broker upgrade. The Footsie breached the 6,700 mark yesterday for the first time since mid-2007 after 10 consecutive sessions in the blue, before falling
Read moreJefferies has maintained its 'underperform' rating and 2,900p target price for product testing group Intertek after the company disappointed with weak guidance for margins this year. Organic revenue growth of 7.0% in the first fourth months of the year was broadly in line with forecasts, though sli
Read moreThe FTSE 100 registered moderate falls in early trading on Friday in aftermath of a series of disappointing economic figures, as markets pulled back after a strong showing over the last two weeks. London's benchmark index has gained around 4.0% since the start of May, rising to levels not seen sinc
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Shares in Intertek fall 4.7 percent after it says that a sharper-than-expected decline in its minerals business would drag on its profit margin for the year. Will Kirkness from Jefferies, who has an "underperform" rating on the shares, says that, although he estimates minerals only account
Read moreCity sources predict the FTSE 100 will open down four points from yesterday's close of 6,688, ahead of the latest reading of the US consumer sentiment index, EU car registrations and the German wholesale price index. UK stocks finished in a mixed fashion on Thursday, while US markets were in decli
Read moreIntertek Group, which provides solutions to industries worldwide, has posted a 9.9 per cent year-on-year rise in revenue for the first four months of the year, driven by organic growth, favourable currency movements and the benefit of acquisitions made in 2012 and 2013. However, the group's operat
Read moreLONDON, May 17 (Reuters) - British testing firm Intertek said on Friday that a sharper-than-expected decline in demand for its minerals business would drag on its profit margin for the year. It said that revenue from testing mineral samples, particularly in Australia, Brazil and the Philip
Read moreA Non-Executive Director of high-end designer Mulberry has underlined his support for troubled company with the purchase of 10,000 shares. Steve Grapstein purchased the shares - which mark his only holding in the group - in two equal tranches. The first half were bought for 920p, and the second f
Read moreAfrican Barrick Gold: Westhouse Securities upgrades from sell to neutral with a target price of 195p. Borders & Southern: Sanlam Securites shifts target price from 86.60p to 87.40p and leaves its buy recommendation unchanged. Britvic: Nomura raises target price from 480p to 540p keeping a buy reco
Read moreAdvanced Computer Software Group: Canaccord Genuity raises target price from 80p to 108p and reiterates a buy recommendation. Aggreko: Jefferies raises target price from 2000p to 2200p keeping its buy recommendation. Cantor Fitzgerald takes target price from 2020p to 2200p and stays with its buy re
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